Strategy

Asset Acquisition Criteria

Ajax will focus on acquiring natural resource production and development projects in low-risk jurisdictions, leveraging on the opportunity identification capabilities and experience of its Board, to access compelling development assets and implement operating efficiencies to create significant shareholder value.

Key Company Aims

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Generating positive cash flow

Our primary focus will be acquiring projects that are capable of generating positive cash flow within 12 months.

Low-risk, proven assets

Acquiring working interests in low-risk, proven assets with confirmed reserves.

All assets to be located onshore

Direct ‘operatorship’ of assets

Ajax will seek to operate assets, enabling direct oversight on operations and effective cost-control.

Exploration upside projects

Focus on bypassed pay and redevelopment projects with exploration upside.

Compelling development opportunities

Leveraging the Board's extensive industry and country networks to access compelling development opportunities.